Developing countries tend to have comparative advantages in:
A) only capital-intensive goods.
B) only skilled-labor-intensive goods.
C) land-intensive and unskilled-labor-intensive goods.
D) both skilled-labor and capital-intensive goods.
Correct Answer:
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Q5: Countries having comparative advantages based on land
Q6: Which of the following is true of
Q7: Identify the correct statement.
A)In some of the
Q8: For which of the following goods does
Q9: An example of policies designed to protect
Q11: The long-run trends of relative prices of
Q12: An example of policies designed to encourage
Q13: Which of the following suggests that labor
Q14: According to comparative advantage theory, the developing
Q15: Which of the following has been observed
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